A super-recommendation to the Obama administration apropos of Sino-American Economics

Mark Gerzon, a distinguished fellow at the East West Institute, is the writer of the penetrating article entitled "Just send the next bailout check to me", published by the Washington Post,January 2, 2009 on page A15: Such urgent call is warranted for readers to ponder and reflect the past events and the future course of action)

"After much deliberation with our accountants and financial advisers,we have concluded that,in order to prevent a deeper recession and turn around the US economy, the federal government needs to give the next bailout package directly to us. (Such great idea is not only ideal but would also make good sense to all thinking Americans for fairness and justice.)

We deserve these funds for the same reasons that the big Wall Street firms and the giant automakers do.(on the basis of equal opportunity as guaranteed by American Spirit of Economic Democracy)

1. Like the previous recipients of bailout funds, we have made a living in the marketplace(private sector) and never received federal money.(public sector) Now the economy is in crisis,we therefore deserve to be first in line.
2. Money for our family will have a positive ripple effect throughout the economy. If(or when) we received a generous bailout package, we would certainly purchase a new and more fuel-efficient car. We would also commit to spending the entire amount on other much-needed consumer and service items that will sustain many other businesses.(via the concept of multiplier) For example, we would act on our plans to remodel our backyard patio. Dollar for dollar,the ecoomic stimulus provided to our family would have far - reaching effects.
3. Offering our family a generous financial package would restore confidence in the economy. We have lived in our community for many years and have a large and influential circle of friends and professional colleagues. We asked many of these upstanding folks how they would respond if our family declared bankruptcy. Without exception, our friends and businesses associates stated that they would be very upset. Conversely, if we received a bailout, they affirmed that their faith in the economy would be strengthened, and that they, too,would seek bailout money to maintain their current levels of spending.(American lifestyle)

4. Supporting our family would please a significant number of Democrats and Republicans. (Non-partisan fairness) We have friends in both parties and have contributed to candidates on both sides of the aisle. So an early and generous response to our financial hardship would trigger bipartisan support. (You Bet)

In closing,I want to stress that our family would expect to be held accountable for every dollar. Once we receive a US Treasury check,we promise to spend it quickly and efficiently in 2009 and will acount for those expenditures on our 2010 tax forms. (Expo 2010 in Shanghai,China would take place for China to purchase large amount of US government securities to reduce US interest rates for Americans to be able to upturn US economy within a reasonable time period.)

If the economy does not respond,it does not mean that the recommendation and decision to bail out our family was wrong. It would simply mean that the amount was too small.(The US economy would need more stimulus to reach the optimum target)

We patriotically pledge not to request additional financial support until 2010.(just in time to purchase tickets and hotel expenses with our own funds to visit Shanghai,China to witness Expo for global display of products from our American competitive edge.)

The words in parenthesis are the notes from the blogger.

Francis Shieh a.k.a. Xie Shihao,the octogenarian blogger(a taxpayer in good standing) who would support the insightful recommendation by the Distinguished Fellow at the East West Institute to bridge the gap of China and the USA for bilateral economic stabilization with impact on the global economy.

Friday,January 2, 2009 at 10.45 a.m.